D&O

Sector: Technology

Analysed on 25/07/21

D&O had been very bullish this week and broke the previous resistance at RM5.220. D&O is currently trading at its immediate resistance of RM5.41, with immediate support at RM5.220.

Both EMA25 and EMA50 are trending upwards which indicate an uptrend rally. D&O is considered strong as long as it is able to stay above RM5.220. Should D&O break the resistance at RM5.410, it may challenge the next resistance at RM5.660.

Reason to Monitor: Technical Breakout / NASDAQ Reaching New High

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